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Keel
Ledger
64,492,657
Methodology
1.0.8-draft
Age
5s

USDZ against USDC — what depth stands behind this price?

How has this moved over time?

WindowLast 24 hoursLast 7 daysLast 30 days
ResolutionHourlyDaily
SourceHorizonHubbleOffers impliedTrades implied

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Offers implied. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

How much can this asset safely back?

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

1,128.86 USDC (shortened; full value 1128.865709427252676252410945 USDC)

Limited by manipulation cost

Liquidation term
2,525.06 USDC (shortened; full value 2525.0620429588535447552087334554041084271325996004055 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
1,128.86 USDC (shortened; full value 1128.865709427252676252410945 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3,685.21 USDC (shortened; full value 3685.2161025985673118231910013528 USDC)
Sell side
4,306.77 USDC (shortened; full value 4306.775504011598756321455246300539130753746041342286 USDC)

5% from mid

Buy side
4,952.41 USDC (shortened; full value 4952.4184416614133065492856132801 USDC)
Sell side
4,581.84 USDC (shortened; full value 4581.842702945390083701733848770203951872045428535878 USDC)

10% from mid

Buy side
5,389.40 USDC (shortened; full value 5389.409862391147551702521450272 USDC)
Sell side
5,050.12 USDC (shortened; full value 5050.124085917707089510417466910808216854265199200811 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.

What would it cost to move the price?

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.
Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
0.5%1.500004 USDC (shortened; full value 1.50000488209594755 USDC)8,577.73 USDC (shortened; full value 8577.7345302486096117891974354698 USDC)4,515.46 USDC (shortened; full value 4515.46283770901070500964378 USDC)
1%2.000006 USDC (shortened; full value 2.0000065094612634 USDC)12,011.29 USDC (shortened; full value 12011.2991305049099679034420874328 USDC)4,515.46 USDC (shortened; full value 4515.46283770901070500964378 USDC)
10%11.000035 USDC (shortened; full value 11.0000358020369487 USDC)46,486.92 USDC (shortened; full value 46486.9257561607135065775743854498 USDC)4,515.46 USDC (shortened; full value 4515.46283770901070500964378 USDC)
100%101.000328 USDC (shortened; full value 101.0003287277938017 USDC)168,507.35 USDC (shortened; full value 168507.3586698992652750896042191596 USDC)4,515.46 USDC (shortened; full value 4515.46283770901070500964378 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window